You've come to the right place! MTF, NZ's most trusted car loan provider (Reader's Digest 2024), offers fast, flexible, and affordable car financing options.
Whether you're purchasing a new or used vehicle, we have the perfect loan solution to suit your needs. Use our car loan calculator to find out exactly how much you can borrow and what your repayments might be.
There’s no obligation to take out a loan and this won't affect your credit score.
There’s no obligation to take out a loan and this won't affect your credit score.
What you need to apply
Our team of local finance experts is dedicated to personally guiding you through the borrowing process
A secured loan means the loan uses an asset as security that can be sold if the loan isn’t repaid. An unsecured loan means that even if the loan is for an asset, that asset can’t be taken to repay the loan.
>Depending on your individual circumstance, our unsecured personal loans start from $2,000 to a maximum of $30,000. If you need to borrow more than that, talk to us about a secured loan.
If you find that the initial loan amount isn’t meeting your needs, talk to your MTF contact about borrowing more. Further lending will mean a new contract and a new loan assessment, but we can work through that with you.
All MTF offices and select approved vehicle dealers can offer secured personal loans. The majority of our offices can offer unsecured loans to eligible individuals and businesses, so check with your local office or call us on 03 477 0530 to find out how we can help.
Our nationwide network of approved vehicle dealerships are not able to offer unsecured loans.
As with all MTF loans, you can settle your loan whenever you want. There is a small fee for settling which changes daily and you can check your account online for the most up-to-date settlement figure.
Interest rates and fees vary between loan types.
If you’re a New Zealand resident over 18 years of age, have a valid New Zealand driver licence and a regular income, you can apply with MTF.
The total loan cost is made up of your borrowed amount, interest and fees.
For example if you borrow $10,000 secured, on a three year term, with an interest rate of 10.70% you would be required to make 156 weekly payments of $80.20.
This includes an establishment fee of $376, a Personal Property Securities Register fee of $10.35 & monthly maintenance fee of $8.23
The total interest would be: $1,801.81
The total fees would be: $682.63
The total amount repaid would be: $12,484.44
A secured loan means the loan uses an asset as security that can be sold if the loan isn't repaid. An unsecured loan means that even if the loan is for an asset, the asset can't be taken to repay the loan.
A secured loan means the loan uses an asset as security that can be sold if the loan isn't repaid. An unsecured loan means that even if the loan is for an asset, the asset can't be taken to repay the loan.
